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Allegro Microsystems (Allegro Microsystems) EBIT : $252 Mil (TTM As of Dec. 2023)


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What is Allegro Microsystems EBIT?

Allegro Microsystems's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $252 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Allegro Microsystems's annualized ROC % for the quarter that ended in Dec. 2023 was 13.30%. Allegro Microsystems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 28.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Allegro Microsystems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.34%.


Allegro Microsystems EBIT Historical Data

The historical data trend for Allegro Microsystems's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allegro Microsystems EBIT Chart

Allegro Microsystems Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
100.65 53.39 2.38 143.25 213.68

Allegro Microsystems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.70 68.68 68.87 73.83 40.23

Competitive Comparison of Allegro Microsystems's EBIT

For the Semiconductors subindustry, Allegro Microsystems's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allegro Microsystems's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Allegro Microsystems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Allegro Microsystems's EV-to-EBIT falls into.



Allegro Microsystems EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $252 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Allegro Microsystems  (NAS:ALGM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Allegro Microsystems's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=146.744 * ( 1 - 8.16% )/( (785.886 + 1240.251)/ 2 )
=134.7696896/1013.0685
=13.30 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1284.937 - 129.038 - ( 370.013 - max(0, 134.241 - 714.896+370.013))
=785.886

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1565.301 - 110.742 - ( 214.308 - max(0, 120.187 - 549.496+214.308))
=1240.251

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Allegro Microsystems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=160.9/( ( (332.851 + max(212.095, 0)) + (347.442 + max(220.696, 0)) )/ 2 )
=160.9/( ( 544.946 + 568.138 )/ 2 )
=160.9/556.542
=28.91 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(119.688 + 173.089 + 48.356) - (129.038 + 0 + 0)
=212.095

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.478 + 165.553 + 51.407) - (110.742 + 0 + -1.4210854715202E-14)
=220.696

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Allegro Microsystems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=251.603/5791.965
=4.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Allegro Microsystems EBIT Related Terms

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Allegro Microsystems (Allegro Microsystems) Business Description

Traded in Other Exchanges
Address
955 Perimeter Road, Manchester, NH, USA, 03103
Allegro Microsystems Inc is a designer, developer, fabless manufacturer and marketer of sensor ICs and application-specific analog power ICs enabling the critical emerging technologies in the automotive and industrial markets. It is a supplier of power ICs. Its sensor IC allow customers to precisely measure motion, speed, position and current. At the same time, its power ICs include high-temperature and high-voltage capable motor driver, power management and LED driver ICs. Its products are divided into three categories such as SENSE which include Current Sensors, Switches and Latches, Linear and Angular Position, Magnetic Speed Sensors, and Photonics; REGULATE which include Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC and Stepper Driver.
Executives
Vineet A Nargolwala director, officer: President and CEO 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Derek D'antilio officer: SVP, CFO & Treasurer C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Joseph R Martin director
Michael Doogue officer: SVP, CTO C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Suman Narayan officer: SVP, Products 955 PERIMETER ROAD, MANCHESTER NH 03103
Sharon Briansky officer: SVP, GC and Secretary C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Roald Graham Webster officer: VP, Chief Accounting Officer 955 PERIMETER RD, MANCHESTER NH 03103
Richard R. Lury director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Susan D Lynch director 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Max R. Glover officer: SVP of Worldwide Sales C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Oep Skna, L.p. 10 percent owner 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Joanne Valente officer: SVP, CHRO C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Katsumi Kawashima director 955 PERIMETER ROAD, MANCHESTER NH 03103
Kojiro Hatano director 955 PERIMETER ROAD, MANCHESTER NH 03103